Knowledge Base
Glossary
Plain-English definitions for the terminology used across ព័ត៌មាន World Cup.
- Accumulator
- Accumulator is a type of parlay where winnings from one selection are placed on the next, increasing potential payout.
- Arbitrage
- Arbitrage, or arbing, is exploiting differences in odds across bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- Asian handicap splits the handicap into two half‑goals, eliminating the draw and reducing the number of possible outcomes.
- Bankroll
- Bankroll is the total amount of money set aside for betting.
- Bet Builder
- Bet Builder allows you to create a custom bet by combining different markets from the same match.
- Bookmaker Margin
- Bookmaker Margin is the built‑in advantage a bookmaker includes in the odds, ensuring they profit over time.
- Cash Out
- Cash Out lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Dutching
- Dutching is splitting a stake across multiple outcomes in the same event to guarantee a profit no matter which one wins.
- Hedge
- Hedge is placing a bet on the opposite outcome to reduce risk or lock in a profit.
- In-Play Betting
- In-Play Betting, also called live betting, lets you place bets after the match has started.
- Juice
- Juice, also called vig, is the commission a bookmaker charges for taking a bet, reflected in the odds.
- Kelly Criterion
- Kelly Criterion is a formula that calculates the optimal percentage of your bankroll to wager for maximum growth.
- Line Movement
- Line Movement tracks how odds change over time, reflecting betting patterns and new information.
- Live Odds
- Live Odds are constantly updated odds that reflect the current state of a live match.
- Market
- Market refers to a specific betting option, such as the winner, total goals, or a player prop.
- Moneyline
- Moneyline is a bet on which team or player will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much a winning bet pays out.
- Over/Under
- Over/Under is a wager on whether the total combined score of a match will be higher or lower than a set number.
- Parlay
- Parlay combines multiple selections into a single bet, and all must win for the bet to pay out.
- Point Spread
- Point spread is a handicap given to the underdog to level the betting field, requiring the favorite to win by a certain margin.
- Stake
- Stake is the amount of money you risk on a bet.
- Steam Move
- Steam Move describes rapid odds shifts caused by heavy betting activity on a particular outcome.
- Surebet
- Surebet is a situation where odds from different sources guarantee a profit, usually by covering all possible results.
- Unit
- Unit is a standard measurement of bet size, usually a small percentage of your bankroll.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome.